Eleutian Techonolgy Staying Put in Cody - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Eleutian Techonolgy Staying Put in Cody

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CODY, Wyo. -

Contrary to recent reports, Eleutian Technology in Cody is not in danger of shutting down or pulling jobs out of northwest Wyoming.

The founder's brother acquired controlling interest in the company today.

In this exclusive report, KULR-8's Penny Preston tells us he has plans to hire more people.

For eight years, Wyomingites have been teaching Japanese, Korean, and Chinese students how to speak English.

They connect to the classes over the internet, and because of the time difference, usually at night.

"Last year we taught our millionth lesson. Our millionth lesson on line," says Brian Holiday, owner of Eleutian technology.

Kent Holiday founded Eleutian in the tiny town of ten sleep in 2006.

It moved its headquarters to Cody in 2011.

Eleutian employs about 180 teachers in Wyoming, and scores more in South Dakota and Utah.

Kent's brother, Brian, says a portion of the company was sold to Nagase, a Japanese company in April.

Kent still runs that portion of Eleutian, in its Cody headquarters.

But, recent published reports indicated the portion not sold was in financial trouble, and in danger of closing its Cody location.

"No, those reports were not correct and they were not accurate. The company's simply going through a sales process."

And, the sale concluded on this day with a majority share acquisition by….this man: the founder's brother, Brian Holiday.

Holiday pulled together the new group of majority shareholders.

He says Cody will not lose jobs. He's planning on growth.

"It's business as usual, and we will continue to grow. We're going to add three jobs this month."

Holiday says students in Asia and the Middle East are hungry to learn conversational English because it provides work, business, and educational opportunities.